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Vp Underwriting Jobs in Indiana (NOW HIRING)

CREA, LLC

Vice President, Underwriting

Indianapolis, IN · On-site

The Vice President, Underwriting evaluates prospective affordable housing investments utilizing the Low-Income Housing Tax Credit (LIHTC) program. This experienced role performs financial, credit ...

New

CREA, LLC

Vice President, Underwriting

Indianapolis, IN · On-site

The Vice President, Underwriting evaluates prospective affordable housing investments utilizing the Low-Income Housing Tax Credit (LIHTC) program. This experienced role performs financial, credit ...

New

CREA, LLC

Vice President, Underwriting

Indianapolis, IN · On-site

The Vice President, Underwriting evaluates prospective affordable housing investments utilizing the Low-Income Housing Tax Credit (LIHTC) program. This experienced role performs financial, credit ...

New

Via Credit Union

Executive Vice President

Marion, IN · On-site

$200 - $250/hr

The EVP drives lending strategy, product innovation, and operational excellence to support ... Maintain strong credit culture and sound underwriting standards across all lending areas. * Ensure ...

Via Credit Union

Executive Vice President

Marion, IN · On-site

$200K - $250K/yr

The EVP drives lending strategy, product innovation, and operational excellence to support ... Maintain strong credit culture and sound underwriting standards across all lending areas. * Ensure ...

Via Credit Union

Executive Vice President

Marion, IN · On-site

The EVP drives lending strategy, product innovation, and operational excellence to support ... Maintain strong credit culture and sound underwriting standards across all lending areas. * Ensure ...

Generalins Generalins

VP of Carrier Relations

Carmel, IN · On-site

$200 - $250/hr

The Vice President of Carrier Relations is responsible for developing and executing WalkerHughes ... underwriting, commercial insurance, or agency leadership. * 5+ years of leadership experience ...

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Vp Underwriting information

See Indiana salary details

$59K

$133.3K

$196K

How much do vp underwriting jobs pay per year?

As of Sep 7, 2026, the average yearly pay for vp underwriting in Indiana is $133,252.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,200.00 and $160,300.00 per year, depending on experience, location, and employer.

What is a VP Underwriting?

A VP of Underwriting is a senior executive responsible for overseeing the underwriting department in an insurance or financial institution. They establish underwriting guidelines, assess risk management strategies, and ensure policies align with company objectives. This role involves leading a team of underwriters, analyzing financial data, and collaborating with other executives to drive profitability. Strong leadership, analytical skills, and industry expertise are essential for success in this position.

What are the typical challenges faced by a VP Underwriting, and how can they be managed successfully?

A VP Underwriting often encounters challenges such as balancing risk appetite with business growth objectives, staying updated on regulatory changes, and leading teams through evolving market conditions. Successfully managing these challenges involves leveraging analytical tools for informed decision-making, fostering open communication across departments, and implementing continuous training for the underwriting team. Additionally, developing strong relationships with brokers, agents, and other stakeholders can help streamline workflow and address any emerging issues promptly. Knowing how to motivate and mentor staff while optimizing underwriting processes is key to long-term success in this role.

What are the key skills and qualifications needed to thrive in the VP Underwriting position, and why are they important?

To thrive as a VP Underwriting, you need deep expertise in risk assessment, portfolio management, and underwriting guidelines, often supported by a relevant bachelor's or master's degree and extensive industry experience. Familiarity with underwriting software platforms, risk modeling tools, and regulatory compliance systems is essential, as are credentials like CPCU or ARM. Strong leadership, negotiation, and communication skills distinguish top candidates, enabling effective team management and cross-departmental collaboration. These skills and qualities enable a VP Underwriting to drive profitable growth, ensure sound risk decisions, and lead high-performing underwriting teams.

What are the most commonly searched types of Underwriting jobs in Indiana?

The most popular types of Underwriting jobs in Indiana are:

What are popular job titles related to Vp Underwriting jobs in Indiana?

For Vp Underwriting jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Vp Underwriting jobs in Indiana look for?

The top searched job categories for Vp Underwriting jobs in Indiana are:

Vp Underwriting jobs near you
Infographic showing various Vp Underwriting job openings in Indiana as of August 2026, with employment types broken down into 100% Full Time. Highlights an 87% In-person, and 13% Hybrid job distribution, with an average salary of $133,252 per year, or $64.1 per hour.

Vice President, Underwriting

CREA, LLC

Indianapolis, IN • On-site

Full-time

Posted 3 days ago

New

Job description

Job Type
Full-time
Description
CREA, LLC is a full-service low-income housing tax credit (LIHTC) syndicator forming long-term relationships with investors and developers that cultivate success and improve lives. With more than 25 years in affordable housing, CREA has raised in excess of $14 billion, since inception - resulting in the formation of over 100,000 homes within 1,000+ communities across the country. Thanks to the contribution of over 135 employees, CREA continues to look for talented and passionate individuals who are excited about opportunities to grow with us into the future. We are looking to add a talented Vice President to the Underwriting department in Indianapolis, IN.
Physical Presence: In-Office Tue - Thu; Flexible Mon & Fri
Open to the following locations: Indianapolis, IN.
Reports to: Senior Vice President, Underwriting
Position Summary:
The Vice President, Underwriting evaluates prospective affordable housing investments utilizing the Low-Income Housing Tax Credit (LIHTC) program. This experienced role performs financial, credit, market, and risk analysis; identifies investment risks and mitigation strategies; and prepares recommendations for senior leadership and investment decision-makers. The position works closely with Acquisitions, Syndications, Asset Management, developers, lenders, legal counsel, consultants, investors, and other internal and external stakeholders throughout underwriting, approval, closing, and funding. Th Vice President independently manages a portfolio of assigned transactions, develops productive transaction relationships, influences outcomes through sound judgment and effective communication, provides technical guidance to junior team members, and contributes to the continuous improvement of CREA's underwriting practices, tools, and investment processes.
Primary Responsibilities:
  • Lead underwriting efforts for assigned LIHTC investment opportunities from initial screening through closing and funding.
  • Independently manage a portfolio of active transactions, balancing competing priorities and deadlines while ensuring timely underwriting, approvals, closings, and funding.
  • Evaluate financial models, development budgets, operating pro formas, historical performance, market conditions, market studies, third-party reports, and financing structures.
  • Perform detailed financial analysis, including debt sizing, break-even analysis, cash flow projections, sensitivity testing, and risk assessment.
  • Recommend appropriate rent and expense levels for proposed investments based on research and analysis.
  • Evaluate transaction feasibility, real estate conditions, development team experience, guarantor strength, developer and guarantor financial statements, real estate portfolios, and overall creditworthiness.
  • Perform credit and background checks on entities and individuals; escalate findings and support their resolution.
  • Identify material investment risks and recommend appropriate mitigation strategies consistent with CREA's investment guidelines.
  • Review proposed financing, key loan documents, financing terms, partnership structures, and legal documentation.
  • Lead the preparation of underwriting memoranda, presentation materials, and investment recommendations for Screening, Placement, Capital, and Investment Committees; present transaction findings and respond to questions regarding underwriting assumptions, risks, and recommendations.
  • Collaborate with originators, Acquisitions, Syndications, Asset Management, attorneys, lenders, developers, consultants, investors, and other stakeholders to facilitate successful transaction execution.
  • Develop and maintain productive working relationships with developers, lenders, attorneys, consultants, investors, and other transaction participants.
  • Facilitate consensus among internal and external stakeholders and influence transaction outcomes through sound analysis, effective communication, and professional judgment.
  • Support transaction closing activities and validate that final deal terms remain consistent with approved underwriting assumptions.
  • Support the development, maintenance, and refinement of underwriting standards, IT tools, financial models, databases, and department best practices.
  • Provide technical guidance, training, mentorship, and knowledge sharing to Analysts, Associate Underwriters, and other junior team members.

Secondary Responsibilities:
  • Participate in site visits, developer meetings, and due diligence reviews to evaluate existing conditions and risks.
  • Assist with market research and the evaluation of emerging affordable housing financing programs and structures.
  • Support special projects and strategic initiatives within the Credit & Underwriting department.
  • Cross-train across affordable housing investment products and financing structures.
  • Participate in departmental process improvement efforts focused on efficiency, risk management, underwriting quality, and sound transaction execution.

Requirements
  • Bachelor's degree in Real Estate, Finance, Accounting, Economics, Business, or a related field.
  • Minimum of eight years of applicable experience in multifamily real estate, affordable housing, LIHTC syndication, commercial real estate lending, or real estate investment analysis, including demonstrated experience independently underwriting transactions and presenting recommendations to senior decision-makers.
  • Demonstrated ability to underwrite LIHTC or other complex multifamily real estate transactions with increasing independence.
  • Strong understanding of affordable housing finance, LIHTC regulations, multifamily development, construction lending, permanent financing, and partnership structures.
  • Advanced proficiency in Microsoft Excel and financial modeling, with proficiency in the Microsoft Office Suite.
  • Strong written and verbal communication skills, including the ability to explain complex analysis, facilitate consensus, and present recommendations to senior leadership and investment committees.
  • Excellent organizational and time-management skills, with the ability to manage a portfolio of transactions, competing priorities, resources, and deadlines simultaneously.
  • Highly motivated, proactive, self-directed, and willing to accept new responsibilities as CREA's business grows.
  • Strong analytical, relationship-management, problem-solving, critical-thinking, and decision-making abilities.
  • Approximately 10% travel required, including occasional overnight travel.

Core Competencies:
  • LIHTC underwriting, multifamily real estate, and investment analysis
  • Financial modeling, including review of audits, financial statements, and tax returns
  • Credit evaluation, background research, and risk assessment
  • Developer, guarantor, market, and real estate portfolio analysis
  • Strong business judgment, critical thinking, and decision-making
  • Effective written, verbal, and presentation communication
  • Transaction and portfolio management, execution, and accountability
  • Relationship management, collaboration, consensus building, and influence without direct authority
  • Technical mentorship, knowledge sharing, and continuous improvement
  • Initiative and the ability to perform effectively with minimal supervision
  • High ethics, attention to detail, organization, and research skills
  • Ability to perform effectively in a dynamic, fast-paced environment

Our Values:
  • We work as a family, investing in each other, worthy causes, and the communities we serve.
  • We have integrity in all that we do; we embrace differences and treat others with kindness and respect.
  • We believe that, with teamwork, we can accomplish anything and pursue inventive solutions for our clients.

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